OECD Development Centre Policy Briefs

The Political Feasibility of Adjustment

DOI:https://dx.doi.org/10.1787/112047535116

In the history of adjustment, concern with the political aspects appeared only after long reflection. At the beginning of the 1980s, given the urgency of the financial crises afflicting many developing countries, the only thought was to restore macroeconomic balances, particularly the balance...



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